petrol

Why delaying the ban on petrol and diesel cars won’t slow UK’s shift to electric vehicles

Why delaying the ban on petrol and diesel cars won’t slow UK’s shift to electric vehicles: Husjur02/Shutterstock The UK has delayed its ban on the sale of new cars which burn petrol or diesel in internal combustion engines (ICE) from 2030 to 2035. In some ways, this is no surprise: the original plan was to …

Petrol prices are rising, but fuel duty cuts aren’t the answer

Petrol prices are rising, but fuel duty cuts aren’t the answer: MagicBones / shutterstock Rising fuel prices are adding pressure on households already struggling to cover basic costs of energy, housing and food. In the face of this there are calls to (further) cut fuel duty, the tax on each litre of diesel and petrol bought …

Sri Lanka: protests spread as petrol prices rise by 90%

Sri Lanka: protests spread as petrol prices rise by 90%: Sri Lanka is currently experiencing a profound economic crisis, sparking massive protests around the country. The protests are happening against a backdrop of painful and unresolved aspects of the island’s history, following a civil war that drove and deepened ethnic and religious divisions. The poorest …

Why haven’t petrol prices gone back down yet? A new business model might explain why

Why haven’t petrol prices gone back down yet? A new business model might explain why: Petrol prices reflect lots of elements not just crude oil wholesale cost. Tomas K/Shutterstock Across the UK the cost of filling up cars shot up in November when wholesale oil prices rose. But when crude oil prices went down again, …

South Africa’s R20 per litre petrol shocker — how the price is calculated

South Africa in the news: South Africa’s R20 per litre petrol shocker — how the price is calculated: South Africa’s latest fuel price increase, which came into effect on 1 December, put the cost of petrol over the R20 per litre mark (about US$ 1.25) in parts of the country for the first time.: “South …

Explainer: How South Africa’s petrol price is set

Explainer: How South Africa’s petrol price is set: Shutterstock South Africa’s latest fuel price increase, which came into effect on 1 December, put the cost of petrol over the R20 per litre mark (about US$ 1.25) in parts of the country for the first time. The increase sparked public outcry. The Conversation Africa’s Nontobeko Mtshali …